Energy in America

Oil prices remain under pressure from lingering worries about demand as the U.S.-China trade war has dampened prospects for global economic growth.

In a protracted trade war between the United States and China that dampened prospects of global economic growth and oil demand.

Oh sure, U.S. shale producers have been prolific with oil production, but not so much with actually making profits.

Trading volumes were subdued ahead of the U.S. Fourth of July holiday on Thursday.

The current deal reduced production by 1.2 million barrels per day starting from Jan. 1.

The board said billions of dollars in alleged overpayments from 2002 to 2015 caused the power company to slide deeper into debt.

One of the oldest and largest refineries on the East Coast is closing.

OPEC and some non-members including Russia, known as OPEC+, will hold meetings on July 1-2 in Vienna.

Oil fell below $66 a barrel on Thursday, weighed down by concerns over whether the G20 summit will produce a breakthrough on trade and perceptions that supply is ample despite prospects for continued OPEC curbs.

The S&P 500 was on course to break a four-day losing streak.

It was the second blaze in the last two weeks at the 150-year-old refinery.

There is much on the line as President Trump deals with China, but more tariffs aren’t the answer.

The chief executive of Saudi Aramco, state oil firm of OPEC's de facto leader said its spare capacity of 12 million barrels per day (bpd) was sufficient and that it would meet its customers' needs.